The Ridglea Theater opened on December 1, 1950, on Camp Bowie Boulevard in west Fort Worth. Developer A. C. Luther built it as the anchor of Ridglea Village, the shopping center he had been building since the early 1940s, and his organization kept ownership of the building. The Interstate Circuit, Karl Hoblitzelle's chain, ran the theater. Local papers called it Fort Worth's most modern and largest suburban theater. It had about 1,500 push-back seats, a glass-walled cry room for parents with crying babies, and the Ridglea State Bank in the same building, which opened the same day.
The Dallas firm Pettigrew and Worley, designers of many Interstate theaters, gave it a Spanish Eclectic look to match the rest of Ridglea Village, with a 70-foot stone tower, clay tile roofs and wooden balconies. Interstate decorator Eugene John Gilboe painted lobby murals of Spanish explorers reaching the California coast with pirates in pursuit. The theater admitted white audiences only.
In 1970 Interstate and Texas Consolidated combined as ABC Interstate. Plitt Southern Theatres later owned the theater, and Cinemark took over in 1987, splitting it into three screens. In 1994 it became the Ridglea Movie Grill, with a kitchen and cabaret seating. From 1999 it was mainly a concert hall, booking acts from Leon Russell and Willie Nelson to Death Cab for Cutie while still showing occasional films.
The R. K. Maulsby Family Trust, which owned the building from 1991, put it up for sale in 2008. Fixfunding, LLC of Dallas bought it in 2009, and a plan to raze most of it for a bank branch drew protests from Historic Fort Worth and other preservationists. Jerry Shults bought the theater and bank wing in December 2010 and began a restoration in early 2011. The Fort Worth City Council designated it a Highly Significant Endangered landmark that year, and it was listed in the National Register of Historic Places on December 30, 2011. The restored theater reopened in 2012 with a Retro Ball, with plans for live events and film screenings, and Cinema Treasures lists it as open and showing movies.